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Weak Bounce Wednesday - Dammit Janet, We Need You!

Feb. 10, 2016 9:32 AM ETUNG, DIA, EWJ, QQQ3 Comments
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Philip Davis's Blog
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"The Future is ours so let's plan it

If there's one fool for you then I am it

I've one thing to say, and that's

Dammit Janet, I love you!"

Will Janet Yellen love us back today? We'll find out if she still has the touch when she gives her semi-annual address to Congress at 10am but already the markets are up 1% in antici-----pation in Futures trading.

Of course that means that, if you followed yesterday's morning post (subscribe here for pre-market Emailings and LIVE intra-day commentary) you are already making a fortune as our bounce targets were set at:

The rest of this post is at: www.philstockworld.com/2016/02/10/weak-b.../

I would pulbish the whole article here but SA rejects them as link-backs to PSW are considered too promotional.

Analyst's Disclosure: I am/we are long DIA, SPY, QQQ, IWM, UNG, EWJ.

Positions as indicated but subject to RAPIDLY change (currently mainly cash and an otherwise bullish mix of long and short positions - see previous posts for other trade ideas). Positions mentioned here have been previously discussed at www.Philstockworld.com - a Membership site teaching winning stock, options & futures trading, portfolio management skills and income-producing strategies to investors like you.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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